Nigerian President Bola Tinubu has called for strategic positioning of Nigeria amid profound shifts in the global economy.
Addressing the annual Directors Conference 2026 of the Chartered Institute of Directors Nigeria (CIoD) on Tuesday in Lagos, President Tinubu stated that stronger corporate governance is needed to strengthen the country’s competitiveness and achieve its $1 trillion economy ambition by 2030.
Represented by Prof. Tunji Olaopa, Chairman, Federal Civil Service Commission (FCSC), Tinubu said that global supply chains were being reorganised, while digital technologies, trade tensions, climate risks and changing capital flows were reshaping investment decisions.
He said that Nigeria should respond by strengthening macroeconomic stability, improving policy predictability, developing energy and transport infrastructure, deepening local value addition and diversifying its exports.
“We do not intend for Nigeria merely to absorb the consequences of global change. We intend to compete, innovate and shape opportunities it creates,” he said.
Tinubu stressed the need to leverage opportunities under the African Continental Free Trade Area (AfCFTA) to connect Nigerian producers to wider markets while equipping the workforce with skills required by the new economy.
He said achieving the country’s economic ambition required determination and stronger partnership between government and enterprise.
According to him, investors are attracted not merely by the availability of opportunities but also by confidence that their investments will be managed within transparent, accountable and predictable institutional frameworks.
The President said strong corporate governance reduced risks, strengthened investor confidence, improved access to capital, promoted operational efficiency and enhanced organisational sustainability.
He warned that weak governance, poor oversight, conflicts of interest and inadequate accountability could undermine even the most promising enterprises.
Tinubu, therefore, urged directors across the public and private sectors to uphold the highest standards of integrity, transparency, accountability and professionalism.
GIK/APA